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Ambev SA is a Brazilian company that operates in the Brewers sector. The company was founded in 1999 and is headquartered in São Paulo, Brazil. Ambev SA is a subsidiary of Anheuser-Busch InBev, the world's largest brewer. The company operates in 16 countries across the Americas and has a portfolio of more than 500 brands, including Skol, Brahma, Antarctica, and Budweiser.

Ambev SA is committed to sustainability and is actively working towards decarbonisation. The company has set a target to reduce its carbon emissions by 25% by 2025. To achieve this goal, Ambev SA is investing in renewable energy and energy efficiency measures. The company is also exploring new technologies and processes to reduce its carbon footprint.

One of the key strategies that Ambev SA is using to reduce its carbon emissions is corporate energy procurement. The company is actively seeking to purchase renewable energy through corporate power purchase agreements (PPAs). A PPA is a contract between a company and a renewable energy provider, where the company agrees to purchase a certain amount of renewable energy at a fixed price over a specified period. PPAs are an effective way for companies to reduce their carbon emissions and support the development of renewable energy projects.

Ambev SA has already signed several corporate PPAs for wind and solar energy in Brazil. In 2019, the company signed a PPA with Casa dos Ventos, a Brazilian renewable energy company, for the construction of a wind farm in Bahia. The wind farm is expected to generate 70% of the energy needed to power Ambev SA's operations in the state. The company has also signed a PPA with Enel Green Power for the construction of a solar plant in Pernambuco, which will provide energy to Ambev SA's operations in the Northeast region of Brazil.

In addition to corporate PPAs, Ambev SA is also investing in renewable energy projects. The company has installed solar panels on the roofs of its breweries in Brazil, which generate clean energy to power its operations. Ambev SA is also exploring the use of biogas, a renewable energy source produced from organic waste, to power its breweries.

Ambev SA is also focused on energy efficiency measures to reduce its carbon emissions. The company has implemented a number of initiatives to improve the energy efficiency of its operations, including the installation of LED lighting, the optimization of production processes, and the use of energy management systems.

Overall, Ambev SA is a leader in the Brewers sector when it comes to sustainability and decarbonisation. The company is actively working towards reducing its carbon emissions through the use of renewable energy, corporate PPAs, and energy efficiency measures. Ambev SA's commitment to sustainability is not only good for the environment, but it also makes good business sense, as consumers are increasingly demanding sustainable products and services.

✓ Current offtaker under Corporate PPA's
✓ Science Based Targets member